Aviation

Bloomberg Ryanair Holdings Plc predicted that ticket prices will decline through the rest of the year as Europe’s biggest discount carrier competes to lure more customers amid excess capacity. The shares fell the most in four months. The Dublin-based airline said fares will slide 8 percent in the six months through March, accelerating from a 5 percent drop in the ...

Bloomberg Air France-KLM Group will start flights this autumn of its Joon reduced-fare brand that will target millennial customers as Europe’s biggest carrier seeks to fend off growing competition from discounters such as Norwegian Air Shuttle ASA. Joon, previously code-named Boost, will initially offer medium-haul services from the airline’s Paris-Charles de Gaulle airport base and begin long-haul routes in mid-2018, ...

Bloomberg South Africa is evaluating assets it could sell to pay for this month’s 2.2 billion rand ($169.5 million) bailout of unprofitable carrier South African Airways, Finance Minister Malusi Gigaba said in letter to parliament. The government’s decision to settle a debt owed by the airline to Standard Chartered Plc mustn’t affect the balance of this year’s budget, Gigaba said ...

Bloomberg Drones will have to be registered and their users required to pass safety tests under new rules to be announced by the UK’s Department for Transport. Registration will be mandated for owners of drones 250 grams (8.8 ounces) or larger after research found that drones as small as 400 grams (14 ounces) could damage the windscreens of helicopters. Other ...

Bloomberg UK Transport Secretary Chris Grayling said there’s no chance that planes will be grounded when Britain leaves the European Union in 2019 and that any transitional arrangements on border controls are likely to be contingent on maintaining maximum access for airlines. The notion that jets could be forced to stop flying once Brexit is implemented shouldn’t be taken seriously, ...

Bloomberg JetBlue Airways Corp. is looking for investors and developers to help build a new Terminal 6 at New York’s John F. Kennedy International Airport, with possible expansion to include a second facility. JetBlue holds exclusive rights to develop the site of JFK’s previous Terminal 6, which was torn down. The project also may involve the replacement of Terminal 7, ...

Bloomberg Wizz Air Holdings Plc, Eastern Europe’s biggest discount airline, plans to stop charging customers for carry-on luggage, bringing it into line with rivals Ryanair Holdings Plc and EasyJet Plc as low fuel prices boost earnings. While Wizz had allowed customers to bring aboard small items and laptop bags for free, it imposed a fee of between 10 and 35 ...

Bloomberg United Airlines projected a slowdown in a benchmark financial gauge as trans-Pacific fares weaken, and the carrier delayed delivery of four Airbus SE long-haul jets earmarked for those routes. Passenger revenue for each seat flown a mile could rise as much as 1 percent or fall by the same magnitude this quarter, United said in a statement as it ...

Geneva / Emirates Business The International Air Transport Association (IATA) and Airlines for America (A4A), have launched a year-long global campaign related to baggage tracking with the goal of reducing mishandled bags in addition to increasing efficiency in baggage operations. Annually, more than 4 billion bags are carried by airlines globally. Less than 0.43 percent do not arrive with their ...

Bloomberg Britain’s strategy for boosting the aviation sector will seek to enhance international connectivity as the UK quits the European Union, tighten noise and pollution curbs, tap new anti-terrorist technologies and improve the travel experience with everything from personal baggage collection to smoother border controls. The plan would also seek to safeguard Britain’s aerospace manufacturing base, advance the development of ...